INSPIRED BY THE SEA Ocean Front Jewel Royal Palm in Nueva Gorgona Panama

Property Information / Información de La Propiedad

Name / Nombre:INSPIRED BY THE SEA Ocean Front Jewel Royal Palm in Nueva Gorgona Panama

Nueva Gorgona Panama

Listing Number / Código de la Propiedad: SSS1824

Price / Precio: Starting at $230,000

Location / Ubicación: Gorgona

Size / Tamaño: From 70m2

Floors / Pisos: N/A

Price-square meter / Precio del metro cuadrado: N/A

Bedrooms / Dormitorios: 01 – 02 – 03

Bathrooms / Baños: N/A

Year built / Año de Construcción: N/A

ADDITIONAL INFORMATION / INFORMACIÓN ADICIONAL

Inspired by the sea, Residents of this unique resort-style development enjoy a lifestyle of unsurpassed amenities and absolute beachfront views.

Just 50 minutes from Panama City, located on Gorgona Beach, you will find the stunning site where Bern’s latest development Royal Palm is under construction. Its address is unbeatable- sandwiched between the allure of the capital and the convenience of Coronado. The landscape is uncommonly diverse, with a scenic selection of pristine ocean, overlapping mountains, and untouched evergreen. And the barely-touched beachfront, quiet in character and dramatic in beauty, whispers of the town’s forthcoming prosperity. Two flawlessly designed towers offer up to 28 levels of elevated beauty, bringing you an enviable location for fun and relaxation by the sea. With direct beachfront access, multiple swimming pools and social areas, a fitness center, and tennis and basketball courts- residents of Royal Palm have the best of recreation and serenity on their doorstep.

Pre-construction prices are at around $230 to $240,000 for the 70 msq options. There are fully convertible to 2 bedroom as most investors prefer a second bedroom rather than a formal dining room.

The developer has a promo for apartments on the sunrise side for $172,500 and the sunset side for $180,000

The views from these apartments are spectacular.

The beachfront apartments are also stunning. There are only 2 per floor with ceiling to floor glass, a large balcony and similar to the front of the cruise ship.

They are around $450-470,000 132 or 128 msq depending if you prefer the sunrise or sunset view, there are only a few of these left.

The HOA is $ 1.50 per meter sq.

Bern will finance for 5 years.

The payment plan is 35% down this year and the balance is due when the project is completed or the developer will also offer you financing with no pre-approval process.

The developer will also offer you financing with the following monthly payments

35% down $ 824 ( incl. itbms tax)

*** Why choose Royal Palm? ***

It is absolute beachfront.
Prices are competitively low with high quality construction.
Bern is Panama’s leader of luxury real estate!
There is a low amount of inventory left where you can get in for a good market price.
Gorgona is the next booming beachfront community.
Royal Palm features a private entrance that circumnavigates the actual town of Gorgona, ideal for avoiding any weekend traffic.
Empresas Bern is famous for their lavish and fully equipped social areas. Royal Palm will have 2 extensive social areas: one on the sunrise side of the building, built upon the 3rd floor as to be sheltered from the afternoon sun, and the other built directly upon the beachfront with sweeping oceanic views.

Great option to buy now and then flip when the project completed and prices are high.
5 Years of tax exemption!

*** Great RETURN ON INVESTMENT with rental generating income! ***

“Investors are snapping up the 1Br units to set up as rentals for Panama’s growing vacation rental market. Those looking to acquire something extraordinary are purchasing the 2Br beachfront units on the front of the building, which feature floor-to-ceiling wraparound glass to maximize the astounding ocean and mountain views.”
As demand continues to grow, we find ourselves scraping around for available rentals to accommodate our clients.

Rental income is guaranteed with the following numbers to give you an idea: